CVP analysis is typically illustrated with manufacturing firms

CVP analysis is typically illustrated with manufacturing firms, but it is also appropriate for other types of industries. For example, with the large declines in the price of natural gas recently, companies have had to decide whether to invest in the fixed costs of retrofitting their trucks to run on natural gas because the savings in variable costs (fuel) would quickly help them recover those costs.CVP analysis is also applicable to non-profits and government agency decision making – it can be used to help explore options for the most efficient allocation of resources.Discuss how CVP can be used in a particular industry or company that you’re familiar with or have read about.